notice of completion


Also found in: Acronyms.

notice of completion

A notice typically given by contractors performing construction or improvement work for state or local governments;advising of the completion of the work and the necessity to file any liens within the required time period afterward.Many times the notice will run in the legal section of the local newspaper,although there may be a central location for filing them.

References in periodicals archive ?
Upon filing a Notice of Completion, the timeframes for filing Preliminary Notices change so that any subsequent Preliminary Notices shall be filed within 10 days from the date on which the Notice of Completion is filed.
Furthermore, as described below, these timeframes change once a Notice of Completion is filed.
However, if work is done under separate original contracts with the owner, if applicable the owner may record a notice of completion for each individual contract.
If a valid notice of completion (or notice of cessation of work) has been recorded, the general/original contractor has 60 days to record its lien; all other claimants have 30 days to do so.
If a Notice of Commencement is not timely filed, the Preliminary Notice and Notice of Completion provisions do not apply.
When it goes into effect, it will replace what we have been doing with the filing of notices of commencement, and preliminary lien notices and will introduce the filing of a notice of completion.
Whether or not a Notice of Completion is filed will determine the time limitations.
An application for a lien and notice of lien must be filed within 45 days after the owner or general contractor completes publication of the notice of completion and files the same in the circuit court.
Upon filing of a Notice of Completion, suppliers or subcontractors have 30 days, whereas general contractors have 60 days, after completion of the project to record a mechanics' lien against the owner.
Under the new provisions, every person with lien rights must record the notice and claim of lien within 120 days after "completion" of the building, structure or improvement unless a Notice of Completion is properly recorded and served.
Full browser ?